The Mutual Fund Theorem is an elegant way of describing how investors with different attitudes towards risk should construct their portfolios. It is, however, often misinterpreted. This paper revisits the topic by defining ...

O objetivo deste trabalho é apresentar uma metodologia para montagem de portfólios teóricos de produtos de crédito para serem usados como referência para definições de orçamentos futuro. Para tanto, com base em uma ...

This paper aims to bring more information related to the critical question 'how IT areas of insurance companies are defining and delivering their strategic initiatives Portfolios?' and make conclusions based on the collected ...

Minimum-variance portfolios, which ignore the mean and focus on the (co)variances of asset returns, outperform mean-variance approaches in out-of-sample tests. Despite these promising results, minimum-variance policies ...

Product Portfolio Management has increasingly attracted the interest of companies and researchers. The research efforts, through empirical evidence, indicate the need to extend the application of formal methods for the ...

Product Portfolio Management has increasingly attracted the interest of companies and researchers. The research efforts, through empirical evidence, indicate the need to extend the application of formal methods for the ...

This article uses four methods to derive optimal portfolios comprising investments in the seven most representative stock exchanges in Latin America from 2001 to 2006 and it studies their composition and stability through ...